Wu said that according to encryption journalist Eleanor Terrett, during the trial of Tornado Cash co-founder Roman Storm, the U.S. Department of Justice (DOJ) is still considering prosecuting several individuals, including Tom Schmidt, a partner at the encrypted venture capital firm Dragonfly. Emails between Storm's team and Dragonfly's Haseeb and Schmidt were disclosed in court, which included discussions about introducing KYC for Tornado Cash. Schmidt is currently invoking the Fifth Amendment through his lawyer to refuse to testify, and it remains uncertain whether he will be granted immunity.
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Wu said that according to encryption journalist Eleanor Terrett, during the trial of Tornado Cash co-founder Roman Storm, the U.S. Department of Justice (DOJ) is still considering prosecuting several individuals, including Tom Schmidt, a partner at the encrypted venture capital firm Dragonfly. Emails between Storm's team and Dragonfly's Haseeb and Schmidt were disclosed in court, which included discussions about introducing KYC for Tornado Cash. Schmidt is currently invoking the Fifth Amendment through his lawyer to refuse to testify, and it remains uncertain whether he will be granted immunity.